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Anheuser-Busch InBev S.A. ADR outperforms market on strong trading day

News Room by News Room
October 17, 2023
Reading Time: 1 min read
0
GameStop Corp. Cl A stock underperforms Monday when compared to competitors

The Anheuser-Busch InBev S.A. ADR
BUD,
-0.52%
rose 1.15% to $54.33 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.12%
rising 1.06% to 4,373.63 and the Dow Jones Industrial Average
DJIA,
+0.20%
rising 0.93% to 33,984.54.

This was the ADR’s second consecutive day of gains.

Anheuser-Busch InBev S.A. ADR closed $12.76 short of its 52-week high ($67.09), which the company achieved on March 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+0.14%
fell 1.36% to $13.82, San Miguel Corp.
SMGBF,
+4.63%
rose 4.63% to $1.90, and Compania Cervecerias Unidas S.A. ADR
CCU,
+2.05%
fell 0.35% to $11.49.

Trading volume (1.4 M) remained 564,976 below its 50-day average volume of 2.0 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

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